-

DigitalOcean Announces Pricing of Initial Public Offering

NEW YORK--(BUSINESS WIRE)--DigitalOcean, the cloud for developers, startups and SMBs, today announced the pricing of its initial public offering of 16,500,000 shares of common stock at a price to the public of $47.00 per share.

The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “DOCN” on March 24, 2021, and the offering is expected to close on March 26, 2021, subject to customary closing conditions.

Morgan Stanley, Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the proposed offering. BofA Securities, Barclays and KeyBanc Capital Markets are acting as joint book-running managers for the offering. Canaccord Genuity, JMP Securities and Stifel are acting as co-managers for the proposed offering.

The offering is being made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attn: Prospectus Department; Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Attn: Prospectus Department, Telephone: 866-471-2526, Email: prospectus-ny@ny.email.gs.com; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-866-803-9204, or by email at prospectus-eq_fi@jpmorganchase.com.

A registration statement relating to the sale of these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About DigitalOcean

DigitalOcean simplifies cloud computing so developers and businesses can spend more time building software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers, startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale applications to accelerate innovation and increase productivity and agility. DigitalOcean combines the power of simplicity, community, open source and customer support, so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth.

Contacts

Media Contact
Angela Maglione
press@digitalocean.com

Investor Contact
Rob Bradley
investors@digitalocean.com

DigitalOcean

NYSEAM:DOCN

Release Versions

Contacts

Media Contact
Angela Maglione
press@digitalocean.com

Investor Contact
Rob Bradley
investors@digitalocean.com

More News From DigitalOcean

DigitalOcean Introduces Managed Caching for Valkey

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced the general availability of DigitalOcean Managed Caching for Valkey, a high-performance caching solution designed to help enhance application speed and scalability. This new offering will replace the current Managed Caching offering, and expand upon its capabilities with exciting new developer tools, including enhanced multi-threading capabilities, dua...

DigitalOcean Announces Date of First Quarter 2025 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, announced today that it will report financial results for the first quarter ended March 31, 2025 before the market opens on Tuesday, May 6, 2025. The company will also hold a conference call on the same day at 8 a.m. ET / 5 a.m. PT to discuss its financial results and financial outlook with the investment community. Investors and analysts can pre-register for the webc...

DigitalOcean Hosts 2025 Investor Day

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, will host its Investor Day in New York on April 4, 2025. This event was first announced on Feb. 5, 2025. The live webcast will start at 9 a.m. ET, and can be found at https://investors.digitalocean.com. Presentations will be given by DigitalOcean Chief Executive Officer Paddy Srinivasan and select members of DigitalOcean’s leadership team. During the event, presentations...
Back to Newsroom